Deal Includes A Business Collaboration Arrangement To Bring The Visual Sharing App To Millions Of Users In Latin America
06/11/2013 — TEL AVIV, Israel — (BUSINESS WIRE)
Mobli (www.mobli.com) the social-mobile photo and video-sharing multi-platform, today announced that América Móvil (NYSE: AMX), the leading provider of integrated telecommunications services in the Americas has made a strategic investment in Mobli as part of Mobli’s $60 Million Funding Round and has reached a business collaboration arrangement to introduce Mobli’s innovative products to América Móvil’s mobile users.
“The mobile access is significantly enriching our daily lives and is opening the door to completely new experiences for users around the world. Mobli has developed a remarkable technology and this strategic alliance will allow América Móvil to bring value added experiences for its users throughout the Americas,” said Mr. Carlos Slim D. “The Mobli team has shown extraordinary skills in creating a powerful and innovative product for its users.”
Mobli, which originally launched in 2011, is a multi-platform photo and video sharing community focusing on connecting people around common interests by allowing users to follow people, hashtags and even locations straight to their feed.
“This is an incredibly important milestone for Mobli – for our users, for our investors, and for our team. This represents a remarkable opportunity for Mobli and a greater responsibility to continue improving and building powerful technology,” said Moshe Hogeg, Founder and CEO of Mobli. “Our new strategic partnership with América Móvil will allow us to reach a massive community of millions of users in Latin America.”
“Mobli has shown a passionate focus on tech innovation while building amazing solutions for its users and this partnership will allow each party to focus on its core strength and enhance experiences for their users,” said Kenges Rakishev, Chairman of Mobli.
This strategic investment will allow Mobli to launch and expand its visual search engine enabling its users to see the world through other people’s eyes, and to scroll back in time through previous images.
“I’ve always been excited by Mobli’s mission to connect people around the world through shared visual images. Today’s announcement means that a massive new community of users will be introduced to an incredible experience of discovery and sharing,” said Leonardo DiCaprio, Mobli Investor and Advisor.
Mobli is a smarter way to capture and share photos and videos with friends and the world while featuring unparalleled visual effects. On Mobli, users follow and engage with individuals as well as communities based on interests and locations. Mobli’s vision is to connect the eyes of people across the globe so users can experience the world through other people’s eyes.
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Jonah Balfour, +972-3-6771133
KEYWORDS: Central America South America Middle East Israel
INDUSTRY KEYWORDS: Technology Audio/Video Mobile/Wireless Social Media Communications